First rental property questions

[David Yacubovich]

Hello BP community!

We finally decided that we want to try to buy our first rental property. And with that decision came a lot of questions and anxiety. I tried to research as best as i can the forum and all the available tools, but still have questions. I would greatly appreciate responses and some directions. I know that most of my questions will be the basic ones, but, i would like to understand what should we do. 

1. Is it better to start first rental as myself or it is better to form LLC?

2. If it is better to form LLC, should i do it before i buy the property or after?

3. If the property is out of state, should the LLC be formed in the state of the property or in my state?

4. If i buy property as LLC, i heard that it will limit my mortgages to commercial mortgages only. Wha is the recommendation here?

5. If i buy the property as myself and then transfer the title to the LLC, it could trigger the pay in full clause. Thoughts?

I probably will have more questions in the future :)

This is all i have for now. I know that is a lot, and i really appreciate your responses!

David